Peter Nygård

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Peter J. Nygård (born 1941) is a Finnish-Canadian fashion executive, founder and chairman of Nygård International, a company based in Winnipeg that makes women's wear. He was rated the 70th richest Canadian by Canadian Business Magazine in 2009 with a net worth of $817 million,[1] but he is not shown on the Canadian Business ranking of the 100 wealthiest individuals and families in Canada 2018 list [2]

Early life and education[edit]

Nygård was born in Helsinki, Finland in 1941. His parents were Eeli and Hilkka Nygård, bakers who immigrated to Canada in 1952, settling at first in Deloraine, Manitoba (where Nygård Park would later be named in his honour in 2002). They moved shortly after to Winnipeg.[3]

In 1964, he graduated from the University of North Dakota with a business degree.[4][5][6]

Tan Jay[edit]

On December 1, 1967, Nygård started working as sales manager for a new jeans line of a woman’s clothing manufacturer Jacob Fashions . A few weeks later Nygård used his life savings of $8,000 and an additional loan to purchase 20% of the company from the founder Nathan Jacob. A few years later, Nygård bought the rest of the company from Jacobs daughters and renamed it Tan Jay.[7]

Nygård apparel manufacturing company was founded in 1967 in Winnipeg, Manitoba. Its Canada headquarters is now in Toronto, Ontario with its world headquarters in Times Square, New York.[8]

Nygård's fashion concept retail store opened in Times Square in Manhattan on Friday, November 6, 2009.

Nygård Cay[edit]

In 1987, Nygård built a 150,000-square-foot (14,000 m2) compound at Lyford Cay in the Bahamas. It was partly destroyed by a fire on November 10, 2009.[9] The Cay is inspired by the Mayan civilization’s architecture. One of the major buildings is a 32,000 ft2 grand-hall with a 100,000 lb glass ceiling.[10]

On April 14, 2010 Peter Nygård announced he was planning a $50 million renovation of Nygård Cay, which would take two years to complete and repair the damage and employ 200 construction workers.[11][12] But a letter from the Bahamian prime minister's office rejected his construction application, citing the improper expansion of his property through intentional accretion of land over the seabed.

On September 28, 2018 Nygård Cay was seized by the Supreme Court of the Bahamas as part of a legal battle surrounding Nygård’s efforts to dredge the sea floor around the estate [13]

Charity[edit]

Nygård has supported the Canadian Breast Cancer Foundation.[14]

Nygård has been a longtime sponsor of amateur sports in the Bahamas. In June 2010, is the main sponsor of Amateur Boxing Federation of the Bahamas' team for Continental Elite Boxing Championships Invitation only event slated for June 13–19 in Quito, Ecuador.[15] Wellington Miller, the president of the Bahamas Olympic Committee, said Nygård has contributed significantly to the Amateur Boxing Association of the Bahamas and their Olympic success.[16]

In April 2011, Nygård held the "2011 National Family Island Regatta" at Nygård Cay, which included a press conference to honor Bahamian musician "King" Eric Gibson.[17][18] In the same month, Nygård also donated $10,000 to Josie Poitier, a member of Old Holy Redeemer Catholic Church, during a Passover/Good Friday Breakfast/Brunch.[19][failed verification]

Lawsuits[edit]

Nygård has been accused of abusive labor practices, tax evasion, sexual harassment and rape.[20]

  • In 1978, Nygård's takeover of a sportswear designer's business in New York City led to a 12-year legal battle in New York federal court.[20]
  • In 1980, the Free Press wrote that Nygård was charged with the rape of an 18-year-old girl by Winnipeg authorities. Later those charges were dropped.[20]
  • Nygård settled sexual harassment complaints by three former employees in Manitoba in the late 1990s.[20]
  • In 1999, Nygård sued Linda Lampenius for defamation. The case was settled with Lampenius printing an apology in the Finnish press.[20]
  • In 2003, Nygård was sued in Florida by an American couple who claimed he deceived them into accepting jobs as managers of his Bahamas estate. The case was settled in 2007.[20]
  • In 2006, Canadian tax authorities claimed Nygård underreported $15 million in taxes. Nygård argued that he severed residential ties with Canada in 1975; he was ultimately subject to taxes on an unreported $2 million.[20]
  • In 2007 with a bit of irritation over runoff has escalated to a battle royal encompassing no fewer than 16 legal actions between Nygård and Luis Bacon and their associates, in which both sides are claiming damages in the tens of millions of dollars and lobbing allegations of activities that include vandalism, bribery, insider trading, arson, murder, destruction of the fragile seabed, and having a close association with the Ku Klux Klan. Bacon v. Nygard, 150400/2015, New York State Supreme Court, New York County[21]
  • In 2008, Nygård was sued in Los Angeles Superior Court by a former girlfriend for slamming a door on her hand. Nygård quickly settled the lawsuit.[20]
  • In 2012, Nygård launched a lawsuit against the CBC regarding copyright issues about private videos taken at his residence, which were then used in an April 2010 documentary.[22][23] He had also launched a copyright complaint with the US District Court in New York[24][25][26] and a lawsuit in Manitoba to prevent the piece from airing.[27] He had previously sued two former employees for releasing confidential information and his lawyer claimed CBC harassed many of the employees.[27] Nygård launched a civil suit against his neighbor and the Lyford Cay Property Owners Association alleging they conspired with the CBC to damage his reputation; he also filed a private criminal prosecution against three CBC journalists accusing them of conspiring to discredit him and his clothing empire.[28][29]
  • In 2018 Nygård Cay, was seized by the Supreme Court of the Bahamas as part of a legal battle surrounding Nygård’s efforts to dredge the sea floor around the estate.[30]
  • In 2019, The warrant was issued after Nygård failed to appear in court multiple times for a sentencing hearing related to two contempt of court convictions in the Bahamas [31]

Personal life[edit]

Nygård currently lives in Nassau, Bahamas.

He has seven children with four women.[32][33] He has been married one time, briefly, in the 1970s, to a model.[34]

He dated Anna Nicole Smith for several years.[34]

He fathered daughters Alia and Bianca and son Kai, with Patricia Bickle.[35][34]

He fathered a son, Xar, with former model Freya.[36]

He fathered a son, Mika, with Kaarina Pakka of Oakville, Ontario.[32][34]


Aircraft[edit]

Nygård owns the following Aircraft

Peter Nygård's Aircraft:
Aircraft In Fleet Notes Serial First Flight
Boeing 727-017 1 VP-BPZ [37] 20327 26 February 1970
Boeing 727-2N6 1 N727PN [38] 22825 04 June 1982

References[edit]

  1. ^ Kirbyson, Geoff (2009-11-19). "Manitobans make magazine's Rich 100 list". Winnipeg Free Press. Retrieved 2010-04-14.
  2. ^ https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list/
  3. ^ http://www4.nygard.com/uploadedFiles/News/YEAR_2010/News_2010/full_HilkkaNygard_new.pdf
  4. ^ http://www4.nygard.com/scf/News2003.aspx?id=357
  5. ^ "North Dakota Entrepreneur Hall of Fame". innovators.net. Archived from the original on 2011-04-29. Retrieved 12 July 2010. Cite uses deprecated parameter |dead-url= (help)
  6. ^ "Entrepreneur Awards". innovators.net. Archived from the original on 2011-07-01. Retrieved 12 July 2011. Cite uses deprecated parameter |dead-url= (help)
  7. ^ http://jonesbahamas.com/the-opportunity-that-led-to-a-fortune/
  8. ^ "Nygård International Company Profile".
  9. ^ "Fire destroys Nygard's Bahamas compound", Winnipeg Free Press, November 10, 2009
  10. ^ "Nygård Cay". unusualvillarentals.com. Archived from the original on 2010-06-26. Retrieved 28 June 2010. Cite uses deprecated parameter |dead-url= (help)
  11. ^ "Nygard pledges 50 million comeback". The Nassau Guardian. Archived from the original on 2010-06-27. Retrieved June 28, 2010. Cite uses deprecated parameter |dead-url= (help)
  12. ^ "Nygard Cay is not licensed as commercial property". The Nassau Tribune. August 16, 2010. Archived from the original on 2010-08-22. Retrieved August 31, 2010. Cite uses deprecated parameter |dead-url= (help)
  13. ^ https://theworldnews.net/ca-news/peter-nygard-locked-out-of-his-luxury-home-in-bizarre-bahamas-feud
  14. ^ "$26.5 million Raised Nationwide as Canadian Breast Cancer Foundation CIBC Run for the Cure Celebrates Sweet Sixteen". Cnwtelbec.com. Archived from the original on 2011-07-08. Retrieved 2010-04-14. Cite uses deprecated parameter |dead-url= (help)
  15. ^ "Nygard sponsoring team for 'invitation only' amateur boxing event". The Tribune. June 1, 2010. Archived from the original on 2011-07-17. Retrieved June 29, 2010. Cite uses deprecated parameter |dead-url= (help)
  16. ^ "Nygard to sponsor Exuma regatta". The Tribune. March 29, 2011. Archived from the original on 2012-03-15. Retrieved April 13, 2011. Cite uses deprecated parameter |dead-url= (help)
  17. ^ "Nygard Does It Again, Sponsors National F.I. Regatta". Jones Bahamas. March 28, 2011. Retrieved April 13, 2011.
  18. ^ "I did everything that I could to make it such a great sport". The Tribune. March 29, 2011. Archived from the original on 2011-04-29. Retrieved April 13, 2011. Cite uses deprecated parameter |dead-url= (help)
  19. ^ "After years of giving, volunteer gets recognition, reward". Miami Herald. April 25, 2011. Retrieved April 25, 2011.
  20. ^ a b c d e f g h Falkenberg, Kai (November 18, 2010). "Peter Nygard Answers to No One". Forbes Media LLC. Retrieved October 16, 2018.
  21. ^ Dolmetsch, Chris (2018-04-24). "Billionaire Bacon's Defamation Suit Against Nygard Revived". bloomberg.com. Retrieved 2018-04-24.
  22. ^ "Nygard files another lawsuit against CBC". lfpress.com. 2012-02-23. Retrieved 2012-02-24.
  23. ^ "Former Deputy PM denies defending Nygard International against immigration accusations". The Nassau Tribune. April 14, 2010. Archived from the original on 2011-07-17. Retrieved April 20, 2010. Cite uses deprecated parameter |dead-url= (help)
  24. ^ "Fashion mogul Peter Nygård tries to block airing of CBC show". Fftimes.com. 2010-01-12. Archived from the original on 2010-04-26. Retrieved 2010-04-14. Cite uses deprecated parameter |dead-url= (help)
  25. ^ Famous Fashionista says: (2010-01-11). "Nygård seeks damages from the CBC". fashionmagazine.com. Retrieved 2010-04-14.CS1 maint: extra punctuation (link)
  26. ^ Austen, Ian (2010-01-10). "Nygard Sues Over Unwanted Media Coverage". Canada: NYTimes.com. Retrieved 2010-04-14.
  27. ^ a b Owen, Bruce (2010-01-13). "CBC probe distracts staff, Nygård claims". Winnipeg Free Press. Retrieved 2010-04-14.
  28. ^ "Nygard enemy bolts". Toronto Sun. 2011-04-09. Retrieved 2011-04-26.
  29. ^ "Fashion tycoon Peter Nygard files criminal complaint against CBC". Toronto Sun. 2011-04-01. Retrieved 2011-04-26.
  30. ^ Thompson, Sam (2018-10-02). "Peter Nygard locked out of his luxury home in bizarre Bahamas feud". globalnews.ca. Retrieved 2019-01-31.
  31. ^ "Court in Bahamas issues arrest warrant for Canadian fashion mogul Peter Nygard". National Post, a division of Postmedia Network Inc. 2019-01-28. Retrieved 2019-01-31.
  32. ^ a b http://www.fact.on.ca/news/news0210/np021015.htm
  33. ^ http://www4.nygard.com/scf/News2003.aspx?id=356
  34. ^ a b c d https://www.forbes.com/forbes/2010/1206/features-peter-nygard-sexual-harassment-answers-to-no-one.html
  35. ^ http://www.winnipegsun.com/2011/08/02/winnipegs-royal-wedding
  36. ^ https://passages.winnipegfreepress.com/index.php/passage-details/id-205842/JOHNSON_DENNIS"
  37. ^ https://www.planelogger.com/Aircraft/Registration/VP-BPZ/498078
  38. ^ https://www.planelogger.com/Aircraft/Registration/N727PN/871548

External links[edit]